As of January 18, total iron ore inventory at 30 major Chinese ports amounted to 70.65 million mt, down 3.85 million mt week on week, according to China’s National Bureau of Statistics. Meanwhile, the total iron ore inventory on the ...
Tags: iron ore, China, metal industry
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has warned that reducing India's 30 percent export duty on iron ore will harm the domestic steel industry which is currently experiencing a structural deficit of iron ore ...
Tags: ASSOCHAM, iron ore, India, metal industry
It’s reported that China Nonferrous Metal Industry's Foreign Engineering & Construction Co. said that the company has signed an agreement valued US$712 million with Iranian Butia Steel to establish a steel plant in Iran. Under ...
Statistics Canada reported Friday that November manufacturing sales in the country increased 1.7 percent to $49.9 billion, the highest level since May 2012. Sales rose in 12 of 21 industries, representing about two-thirds of the ...
Tags: Manufacturing sales, Durable goods sales, substantial growth
AU 2013 Draws Glass and Metal Industry to Munich BAU 2013 currently is being held at the Messe Munchen GmbH in Munich, Germany, drawing glass and fenestration exhibitors from around the world. Among those exhibiting is Guardian Industries ...
Tags: glass
It’s reported that Posco has announced to increase the prices for cold rolled coils (CRC) for China by US$10~US$20/ton during January-February for 2013. Currently, the Chinese steel market is expected to pick up and it has been ...
Tags: Posco, cold rolled coils, metal industry
China Nonferrous Metal Industry's Foreign Engineering & Construction Co., a subsidiary of Chinese state-owned metals company China Nonferrous Metal Mining (Group) Co., has announced that on January 13 it signed a $712 million dollar ...
Tags: steel plant, Metal Industry, steel
According to the State Statistics Committee of Russia (Russtat), in the January-November period of the last year Russia's ferrous metal exports increased by 11.9 percent year on year to 35.668 million mt, including 3.6 million mt of pig ...
Platinum prices have surged, rising above gold for the first time in 10 months after the largest producer of the metal said it would halt operations at several mines in South Africa. The move, part of an effort to return to profit amid ...
Tags: PLATINUM prices, US, metal industry
According to data released by UK-based CRU, the global crude stainless steel production totaled around 34.20 million tons in 2012, up by 2.5% year on year. Among them, 7.418 million tons were from Western Europe, down by 1.6%; 2.45 ...
There isn't a shortage of rare earth metals in the ground, but one country, China, has managed to dominate about 95% of the market. It not only mines the metals, but it has built a supply chain to produce them. The U.S. once led global ...
Tags: rare earth metals, metal industry, US
According to statistics, the 7 major stainless steel mills in Japan produced 251,055 tons of crude stainless steel in November, falling by 17.3% from a month ago. Nippon Steel & Sumitomo Metal produced 69,361 tons, rising by 5%; JFE ...
Tags: Japan, stainless steel mills, crude stainless steel, steel market
Stanley Black and Decker has announced it has completed the previously announced sale of its Hardware and Home Improvement Group to Spectrum Brands Holdings for $1.4 billion in cash. As previously disclosed, this tax-efficient ...
Tags: Stanley Black, Decker, sale, Spectrum Brands
Ruggero Alocci,vice president of the ferrous metal division of the Bureau of International Recycling(BIR)has expressed his views to SteelOrbis regarding the issue of ferrous scrap exports from the European Union.Antonio Gozzi,new president ...
Tags: Alocci, scrap, EU, BIR, ferrous scrap, European steel supply chain
SteelGuru, the leading website for steel, metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today, has added yet another value added service for its ...
Tags: metal industry, mining industry, Steel Trade, Steel